Facts and distortions in an endogenous growth model with physical capital, human capital and varieties

Detalhes bibliográficos
Autor(a) principal: Sequeira, Tiago Neves
Data de Publicação: 2012
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/15695
Resumo: This article studies a model with physical and human capital accumulation and varieties. The model includes several distortions: duplication effects, spillovers, creative destruction, surplus appropriability, and an erosion effect. We show that the duplication effect in R&D is essential to make the model replicate several stylized facts linked with R&D. We evaluate the distance to the optimal solution, comparing the strength of each distortion.
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spelling Facts and distortions in an endogenous growth model with physical capital, human capital and varietiesEndogenous growth modelsConvergenceDistortionsThis article studies a model with physical and human capital accumulation and varieties. The model includes several distortions: duplication effects, spillovers, creative destruction, surplus appropriability, and an erosion effect. We show that the duplication effect in R&D is essential to make the model replicate several stylized facts linked with R&D. We evaluate the distance to the optimal solution, comparing the strength of each distortion.Springer VerlagRepositório da Universidade de LisboaSequeira, Tiago Neves2018-06-22T12:14:10Z2012-122012-12-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/15695engSequeira, Tiago Neves (2001). "Facts and distortions in an endogenous growth model with physical capital, human capital and varieties". Portuguese Economic Journal, 11(3):171-1881617-982X (print)10.1007/s10258-012-0083-6metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-04-30T01:30:46Zoai:www.repository.utl.pt:10400.5/15695Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:18.397253Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Facts and distortions in an endogenous growth model with physical capital, human capital and varieties
title Facts and distortions in an endogenous growth model with physical capital, human capital and varieties
spellingShingle Facts and distortions in an endogenous growth model with physical capital, human capital and varieties
Sequeira, Tiago Neves
Endogenous growth models
Convergence
Distortions
title_short Facts and distortions in an endogenous growth model with physical capital, human capital and varieties
title_full Facts and distortions in an endogenous growth model with physical capital, human capital and varieties
title_fullStr Facts and distortions in an endogenous growth model with physical capital, human capital and varieties
title_full_unstemmed Facts and distortions in an endogenous growth model with physical capital, human capital and varieties
title_sort Facts and distortions in an endogenous growth model with physical capital, human capital and varieties
author Sequeira, Tiago Neves
author_facet Sequeira, Tiago Neves
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Sequeira, Tiago Neves
dc.subject.por.fl_str_mv Endogenous growth models
Convergence
Distortions
topic Endogenous growth models
Convergence
Distortions
description This article studies a model with physical and human capital accumulation and varieties. The model includes several distortions: duplication effects, spillovers, creative destruction, surplus appropriability, and an erosion effect. We show that the duplication effect in R&D is essential to make the model replicate several stylized facts linked with R&D. We evaluate the distance to the optimal solution, comparing the strength of each distortion.
publishDate 2012
dc.date.none.fl_str_mv 2012-12
2012-12-01T00:00:00Z
2018-06-22T12:14:10Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/15695
url http://hdl.handle.net/10400.5/15695
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Sequeira, Tiago Neves (2001). "Facts and distortions in an endogenous growth model with physical capital, human capital and varieties". Portuguese Economic Journal, 11(3):171-188
1617-982X (print)
10.1007/s10258-012-0083-6
dc.rights.driver.fl_str_mv metadata only access
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rights_invalid_str_mv metadata only access
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dc.publisher.none.fl_str_mv Springer Verlag
publisher.none.fl_str_mv Springer Verlag
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